Desktop Metal (DM) reported earnings on Tue 10 May 22 (b/o)

** charts after earnings ** 

 

 

Desktop Metal misses by $0.09, reports revs in-line; reaffirms FY22 revs guidance 

• Reports Q1 (Mar) loss of $0.22 per share, excluding non-recurring items, $0.09 worse than the S&P Capital IQ Consensus of ($0.13); revenues rose 286.7% year/year to $43.7 mln vs the $43.99 mln S&P Capital IQ Consensus.
• Co reaffirms guidance for FY22, sees FY22 revs of $260 mln vs. $255.86 mln S&P Capital IQ Consensus.